81-year-old man accused of ax murders of wife and daughter due to fear of homelessness.

An 81-year-old man in Colorado has been charged with first-degree murder after confessing to killing his wife and adult daughter with an ax. The victims were found dismembered in large trash cans in the living room and kitchen area of the man's apartment. The suspect allegedly told police he killed his family because he lost his job, had no money left for rent, and did not want them to be homeless. He is expected to appear in court this week.